- Project portfolio diversified by sector, project type, geography and sponsor
- Sponsor Equity represents the 1st loss piece
- In key sectors like Roads & Ports, L&T IDF would have a Termination compensation (i.e. Guarantee) from a government- owned Project Authority in specified events of default, which would cover 100% of the debt provided by L&T IDF.
- Lower withholding tax (5%) for foreign investors.
COVID-19 pandemic and the resultant lockdown have been causing large scale disruptions across the global economy including India. In order to mitigate the situation, the Reserve Bank of India (RBI) vide its notification no. RBI/2019-20/186 DOR.No.BP.BC.47/21.04.048/2019-20 dated March 27, 2020 has announced a regulatory relief package permitting regulated entities to offer a moratorium of three months for installments falling due between March 1, 2020 to May 31, 2020. The board of the company has adopted a Policy to enable operationalising the relief measures in accordance with the regulatory directives.
Kindly get in touch with your relationship manager in case you would like to avail of the Moratorium on your installments falling due between March 1, 2020 to May 31, 2020. Please note that the interest will be applicable during the moratorium period.